Learn more about MGAC's acquisition of RLF

SERVICES

Bank and Fund Monitoring – Safeguarding Investment

MGAC |RLF has a nationwide team that provides monitoring services to banks and other investors to reduce these risks.

With a dedicated team and a network of regional offices, we take a personal approach, forming solid relationships with lenders and their borrowers and developing a deep understanding of their requirements.

While our focus is on protecting the lenders’ interests, we also help them provide a better service to developers and other borrowers by liaising with legal and valuation teams and guiding borrowers through the process. This ensures that initial funding adheres to agreed financial timescales and that the draw-down of funds is approved efficiently throughout to maintain project cash flow.

We can provide advice to a wide range of funders, including institutional investors, banks, development finance companies, PFI/PPP and grant funders such as Heritage Lottery Fund, ERDF and Scottish Enterprise, and advising on numerous PFI/PPP projects.

We provide bank/fund monitoring services for major financial institutions, including:

  • National Westminster Bank
  • Royal Bank of Scotland
  • United Trust Bank
  • Kaupthing Singer & Friedlander
  • Close Brothers
  • Barclays
  • Allied Irish Bank
  • Bank of Ireland
  • Clydesdale Bank
  • Halifax Bank of Scotland

Cost management, project management, building surveying and health and safety expertise are at the heart of our business. Initially, we provide due diligence to assess risks and advise on the level of lending requested. Then, once the investment is official, we not only monitor and report on compliance but also use our commercial and programme knowledge to counsel clients on the issues and risks arising. This knowledge, combined with our more comprehensive understanding of development and construction processes, allows us to inform an investment decision.